Senior Accountant
AL-Nisr AL-Arabi Insurance
مجموع سنوات الخبرة :18 years, 9 أشهر
- Check and post all manual JVs, cheques, bank transfers and initial all correspondence prepared by the employees of the department before sending to Finance Manager for approval.
- Revise reconciliation of local insurance companies' accounts and reinsurance accounts and check any manual JVs for this purpose and the follow-up on payments and receivables from reinsurers.
- Organize and revise payment of monthly salaries, overtime, bonuses, commissions, deductions and recoveries on employees.
- Revise all reconciliation of bank accounts and monthly commission bordereaux and payments.
- Follow up all bank accounts balances on daily basis and check the interest rates paid by the banks.
- Prepare monthly reports of Investments, all JVs related and bank accounts and follow up of investments cash flow to make sure bonds are paying coupons on value date.
- Organize and check any reports required from the department including monthly reports for payment to the government agencies, such as Social Security, IC and Ministry of Finance.
- Prepare lists of all fixed assets in the company and calculate depreciation to prepare JVs for this purpose.
- Coordinate issuance of Letter of Guarantee and follow up on issued ones.
- Cancellation of cheques, cash count (every weekend and last day of the month) and check JVs related to petty cash.
- Assist the finance manager in the preparation of the financial statements of the company, any related reports, including the preparation of any manual JVs for this purpose, the annual report and arrange the Annual General Assembly.
- Act as a back up for the finance manager in doing the end of month closing procedures with coordination with IT department.
- Organize reconciliation of clients' accounts and the preparation of any statements of accounts for clients.
- Follow up of the due payables of the company and follow-up that these payments are effected on time.
- Prepare and check reports for the Board of Directors quarterly and upon request of the GM.
- Check payments of loans and surrender values of Individual life products.
- Any other duties related to the nature of the job as directed by the Financial Manager and or Management.
- Prepare daily entries and posting to accounts, such as general ledger accounts, payments vouchers, Receipt Vouchers.
- Manage Bank reconciliations.
- Manage and process accounts receivable and accounts payable reconciliations.
- Reinsurance Accounts reconciliations.
- Reviewing Insurance Claims and arrange for settlements.
- Prepare fixed deposits transaction and entries.
- Operation Investment portfolio.
- Reconciling the insurance technical bordereau's' with accounts.
- Accounting for Shareholder transactions.
- Coordinate with the external Auditors and provide required documents for completion of audit.
- Closing Operation and preparation of financial statements in quarter-end and year-end.
- Any other duties related to the nature of the job as directed by the Financial Manager and or CFO.
- Prepare daily entries and posting to accounts, such as general ledger accounts, payments vouchers, Receipt Vouchers.
- Bank Reconciliations.
- A/R & A/P Reconciliations.
- Reviewing Insurance Claims and arrange for settlements.
- Prepare daily entries.
- Accounts reconciliations.
- Fixed assets accounting.
- Payroll accounting.
- Brokerage reconciliations with insurance companies.
Bachelor Degree in Accounting Al-Zaytoonah University (2000 – 2004) Grade: Very Good